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RE: LeoThread 2025-01-20 23:08

in LeoFinance18 days ago

Part 3/9:

Fast forward to April 2024, the narrator decided to expand their business by investing in another vehicle. After returning from a trip to Dallas, during which they rented a 2022 Toyota Corolla, the choice became clear. Familiar with Toyota's reliability through personal experiences with their RAV4 and their father's car, they seized a good opportunity to purchase the newer car.

The aim was to find a balance in the market by offering a newer vehicle at a competitive price. With various listings in the area being older and less appealing, the narrator hoped to attract customers looking for reliable transportation. The plan was to leverage the earnings from Turo to subsidize the car payments, a method that seemed plausible given their initial success.

The Startup Costs and Challenges